SS&C Technologies Announces $1 Billion Convertible Senior Notes Offering
SS&C Technologies Holdings (SSNC) has announced plans to launch a private placement of convertible senior notes with an aggregate principal amount of $1 billion. The notes are scheduled to mature in 2031. The primary objective of this offering is to refinance the company's existing debt that is due in 2027. Additionally, SS&C intends to grant initial purchasers an option to purchase additional notes, which could increase the total amount raised.
Tickers: $SSNC